Tag - Cybx

TechTarget Inc. (Nasdaq:TTGT), Tower Bancorp Inc. (Nasdaq:TOBC) and Citi Trends Inc. (Nasdaq:CTRN) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Cardiovascular Systems Inc. (Nasdaq:CSII), Medicinova Inc. (Nasdaq:MNOV), C&F  Financial Corp. (Nasdaq:CFFI), Williams Controls Inc. (Nasdaq:WMCO), Cyberonics Inc. (Nasdaq:CYBX) and BankAtlantic Bancorp Inc. (Nasdaq:BBX).

EnerSys (Nasdaq:ENS), American Dental Partners Inc. (Nasdaq:ADPI) and Cyberonics Inc. (Nasdaq:CYBX) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Isramco Inc. (Nasdaq:ISRL), IEC Electronics Corp. (Nasdaq:IEC), Wonder Auto Technology Inc. (Nasdaq:WATG), Destination Maternity Corp. (Nasdaq:DEST), Ames National Corp. (Nasdaq:ATLO) and LaserCard Corp. (Nasdaq:LCRD).

Acorda Therapeutics Inc. (Nasdaq:ACOR), GigaMedia Ltd. (Nasdaq:GIGM) and Synaptics Inc. (Nasdaq:SYNA) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Energy Conversion Devices Inc. (Nasdaq:ENER), Allos Therapeutics Inc. (Nasdaq:ALTH), TBS International Ltd. (Nasdaq:TBSI), Smith & Wesson Holding Corp. (Nasdaq:SWHC), China Sky One Medical Inc. (Nasdaq:CSKI) and Cyberonics Inc. (Nasdaq:CYBX).

GSI Commerce Inc (Nasdaq:GSIC), BE Aerospace Inc (Nasdaq:BEAV) and Rent-A-Center Inc (Nasdaq:RCII) are among the most actively traded companies in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Wavecom Depository Receipt (Nasdaq:WVCM), Cyberonics Inc (Nasdaq:CYBX), Delta Petroleum Corp (Nasdaq:DPTR), Pantry Inc (Nasdaq:PTRY), First Advantage Corp (Nasdaq:FADV) and Intersil Corp (Nasdaq:ISIL).

FuelCell Energy Inc. (Nasdaq:FCEL), Gerber Scientific Inc. (Nasdaq:GRB) and Perceptron Inc. (Nasdaq:PRCP) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Cyberonics Inc. (Nasdaq:CYBX), First PacTrust Bancorp Inc. (Nasdaq:FPTB), Berkshire Bancorp Inc. (Nasdaq:BERK), New Century Bancorp Inc. (Nasdaq:NCBC) and Ark Restaurants Corp. (Nasdaq:ARKR).

Here are the biggest percentage losers among small caps:

Bluegreen Corp (Nasdaq:BXG), Momenta Pharmaceuticals Inc (Nasdaq:MNTA) and Hawaiian Holdings Inc (Nasdaq:HA) are among the new 52-week highs in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Westwood Holdings Group Inc (Nasdaq:WHG), First Financial Corp (Indiana) (Nasdaq:THFF), Idenix Pharmaceuticals Inc (Nasdaq:IDIX), Cyberonics Inc (Nasdaq:CYBX), LTC Properties Inc (Nasdaq:LTC) and Merit Medical Systems Inc (Nasdaq:MMSI).

Here are the new 52-week highs among small caps:

Circor International Inc (Nasdaq:CIR), Almost Family Inc (Nasdaq:AFAM) and Cyberonics Inc (Nasdaq:CYBX) are among the new 52-week highs in Wednesday's trading among companies with market capitalizations under $1 billion.

Here are the new 52-week highs among small caps:

Exactech Inc (Nasdaq:EXAC), Vivus Inc (Nasdaq:VVUS) and Finish Line Inc (Nasdaq:FINL) are among the new 52-week highs in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Ezcorp Inc (Nasdaq:EZPW), Diamond Foods Inc (Nasdaq:DMND), Eresearchtechnology Inc (Nasdaq:ERES), Cyberonics Inc (Nasdaq:CYBX), Allos Therapeutics Inc (Nasdaq:ALTH) and Pegasystems Inc (Nasdaq:PEGA).

Here are the new 52-week highs among small caps:

Titan Machinery Inc (Nasdaq:TITN), Cyberonics Inc (Nasdaq:CYBX) and Abiomed Inc (Nasdaq:ABMD) are among the new 52-week highs in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: GMX Resources Inc (Nasdaq:GMXR), Innophos Holdings Inc (Nasdaq:IPHS), Gran Tierra Energy Inc (Nasdaq:GTE), A Power Energy Generation Systems Ltd (Nasdaq:APWR), CardioNet Inc (Nasdaq:BEAT) and Calgon Carbon Corp (Nasdaq:CCC).

Here are the new 52-week highs among small caps:

Small-cap stocks shot higher on the opening, lifted by surprisingly stout retail sales, and an overnight slide in crude oil prices. At 10:01 a.m. ET, the Russell 2000 (NYSE:IWM) was up 10.99, or 1.53%, at 728.87.

Business inventories data came out at 10:00 a.m. ET and were above the forecast at 0.5%, but had little impact on the market, overshadowed by the earlier retail sales release.

It’s worth noting that the market was already in rally mode well before the retail sales report topped the forecast. Buying enthusiasm was fueled overnight by merger and acquisition talk surrounding Budweiser (NYSE:BUD), by a decline in crude oil prices and a rally in the U.S. dollar. Budweiser shares were up 6% shortly after the opening.

The headline retail sales figure came in up 1%, which was well clear of the forecast for a rise of 0.5%, and the ex-autos figure also topped the forecast, coming in at 1.2%, compared with the forecast of 0.7%. The upside surprise in retail sales was enough to overshadow a jump in unemployment claims, which climbed to 384,000 compared with the forecast of 370,000. It marked the highest point for continuing claims since February 2004. Also, the import price data hit the forecast on the nose, but it still reflected the largest three-month increase since October 1990.

By the time the market opened, immediate gains from the retail sales report were already trimmed as news of a shakeup in the power structure at Lehman Bros. (NYSE:LEH) pulled down the market, at least initially. Lehman Bros. shares were off about 5% in erratic trading shortly after the open, but bounced back into the green about 25 minutes after the open. Lehman shares have been sinking of late, and collapsed about 50% in just four weeks, while keeping the credit crunch fears on the front burner.

Despite all the negative news surrounding Lehman and ongoing worries about the credit crunch, Morgan Stanley analysts issued an upgrade for financial . . .

National CineMedia Inc (Nasdaq:NCMI), China Medical Technologies Inc (Nasdaq:CMED) and Third Wave Technologies Inc (Nasdaq:TWTI) are among the most actively traded companies in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: UAL Corp (Nasdaq:UAUA), Royale Energy Inc (Nasdaq:ROYL), Cyberonics Inc (Nasdaq:CYBX), Chindex International Inc (Nasdaq:CHDX), Blue Coat Systems Inc (Nasdaq:BCSI) and Solarfun Power Holdings Co Ltd (Nasdaq:SOLF).

Here are the most actively traded companies among small caps:

Shares of Cyberonics, Inc. (Nasdaq:CYBX) got a pop in pre-market trading after the medical technology company said Wednesday night that it recorded a net profit for its fourth quarter from a net loss in the fourth quarter last year. Though earnings included $0.07 in credits from insurance recoveries and state tax credits, earnings still managed to beat the breakeven analysts were projecting.

The firm also issued fiscal 2009 sales inline to above the consensus on Wall Street.

Shares popped 11%, or $1.81, to $19 in pre-market trading. For detailed price information and recent news stories about Cyberonics, click CYBX.   

The Russell 2000 (NYSE: IWM) gained despite news of government reports and minutes from the U.S. Federal Reserve that showed economic problems. The small-cap index added 7.68 points, or 1.09%, to 710.02. The Dow Jones Industrial Average (INDU) advanced 90.04 points, or 0.73%, to 12,427.26.

On a year-to-date basis, the Russell 2000 has declined 7.31%, while the Dow is down 6.31% and the S&P 500 has shed 7.38%.

Small-cap stocks moved up for the second consecutive session but began the day in negative territory following news that the consumer price index added 0.4% in January, above the expected 0.3%.

The U.S. Labor Department also reported that core consumer prices, which exclude the costs of food and energy, increased 0.3%, above the projected 0.2%.

Core prices have added 2.5% on a year-over-year basis, which is beyond the U.S. Federal Reserve’s preferred range of between 1% and 2%. Worse, annual consumer prices growth has accelerated from 2.4% in December 2007.

The rise in inflation makes it more difficult for the U.S. Federal Reserve to stimulate the economy by cutting its target federal funds rate, the rate at which commercial banks make overnight loans to each other.

Swimming effortlessly against a strong current is usually a sign that all is well. Over the past two months, the Dow Jones Industrial Average, Nasdaq Composite Index, and the Russell 2000 Index have been swept away like Colorado River alluvium with losses of  5.8%, 3.2% and 7.8%, respectively, while Mountain View, Calif.-based CyberSource Corporation (Nasdaq: CYBS) has porpoised effortlessly upstream to post a remarkable 34.6% gain.

CyberSource swims not only against the current but often under it. The company lacks the name recognition of an eBay Inc. (Nasdaq: EBAY) or Amazon.com, Inc. (Nasdaq: AMZN), and for good reason: It doesn't rely on front-end merchandising or brand building to expand its business. Cybersource works behind the scenes, providing transaction processing (94% of 2006 revenue) and fraud screening technology that it bundles with tax calculation, export compliance, fulfillment management and professional services. It's an attractive model that aligns revenue growth with Internet usage and e-commerce activity.

And by the looks of recent financial numbers, all is well at CyberSource. The company recorded third-quarter revenue of $26.5 million, a 53% increase compared to $17.4 million in the same quarter in 2006, which produced net income of $347,000, a 21% increase compared to third-quarter 2006's $286,000. Cash flow from operations, meanwhile, surged ahead to $5.2 million, a 53% increase compared to $3.4 million in 2006. While the small cap’s 52-week range has been between $9.37 and $17.60, shares of CyberSource closed at $15.10 on Tuesday.

Investing, though, isn't about what you've done for me lately—a sentiment reflected in historical prices—it's about what you will do for me in the future, and CyberSource promises to do a lot. A few weeks ago, it completed its acquisition of Authorize.Net, a payment gateway service provider that allows merchants to accept credit cards and electronic check payments through their website, for cash and stock valued at $662 million. Thanks to the merger, CyberSource is now one of the industry's largest providers of payment management solutions, with over 220,000 merchants—half of which comprise the Fortune 500.

Just as important, Authorize.Net is expected to be accretive to both revenue and earnings from the get-go. In a Nov. 8 statement, CyberSource management increased fourth-quarter estimates, stating it expects total revenue of between $44 million to $44.3 million and adjusted earnings of $8.2 million to $8.7 million, or $0.13 to $14 a share. Previous guidance called for revenue of $31.5 million and EPS of $0.12 a share.

Cyberonics, Inc. (Nasdaq: CYBX) today reported a narrower-than-expected net loss for the second fiscal quarter of 2008.

For the three months ended Oct. 26, 2007, the neuromodulation company clocked a net loss of $4.1 million, or $0.15 per share, narrower than the consensus of seven analysts surveyed by Thomson of a net loss of $0.22 per share and narrower than a loss of $12.5 million, or $0.49 per share, booked in the same period last year.

Net sales were $28.9 million, compared with $34.1 million earned in the second quarter of fiscal 2007. Seven analysts surveyed by Thomson were on average forecasting revenues of $30.89 million.

Shares of Cyberonics (CYBX) were halted in pre-market trading.

Life Partners Holdings, Inc. (Nasdaq: LPHI), The Aristotle Corp. (Nasdaq: ARTL) and Super Conductor Technologies, Inc. (Nasdaq: SCON) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $500 million.

Here are today's biggest percentage losers:

The Russell 2000 (NYSE: IWN) has lost more ground while the Dow Jones Industrial Average (INDU) is posting a modest gain this afternoon. At 2:43 p.m. ET the Russell 2000 was down 6.32 points, or 0.74%, to 849.45. The Dow had added 51.13 points, or 0.37%, to 13,958.38.

Shares of Suffolk Bancorp (Nasdaq: SUBK), the holding company for Suffolk County National Bank, have depreciated on news of a profit decline. The net income for the second quarter of 2007 was $0.54 per share, a decrease of 1.8%, compared with a net income of $0.55 per share a year earlier, the Riverhead, N.Y.-based company reported after the start of trading. Analyst estimates were not available. CEO Thomas Kohlmann blamed industry-wide “unsustainable pricing and overcapacity.”  The stock has lost $0.99, or 3%, to $31.36.

Rodman & Renshaw maintained its "market perform" rating on biopharmaceutical company Medivation, Inc. (Nasdaq: MDVN).

Cyberonics, Inc. (Nasdaq: CYBX) reported a wider quarterly loss and revenue that didn’t meet analysts’ expectations.

Three patients in Idenix Pharmaceuticals, Inc. (Nasdaq: IDIX) hepatitis C study had to discontinue due to what Idenix described as "adverse events," related to problems with toxicity.

These are the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $500 million:

Idenix Pharmaceuticals, Inc. (Nasdaq: IDIX) announced that the Cambridge, Mass.-based company achieved its primary and secondary endpoints in the second trial phase of its hepatitis C drug valopicitabine.

Neurochem Inc. (Nasdaq: NRMX) said that no predictions or conclusions can be made regarding the outcome of the phase III trial for its Alzheimer’s treatment Alzhemed.

On lower sales, Cyberonics, Inc. (Nasdaq: CYBX) announced a fourth-quarter loss of $0.42 per share, compared to a $0.17 a share loss in the year-ago period. Analysts polled by Thomson Financial were expecting a loss of $0.35 per share.

China-based Connect Holdings Ltd. announced progress in its cash offer of $11 per share to acquire all issued shares of Pacific Internet Ltd. (Nasdaq: PCNTF). Withdrawal of acceptances is permitted until 1:00 a.m. ET on June 22.

Nastech Pharmaceutical (Nasdaq: NSTK) reported this morning it received a U.S. patent titled "Cyanocobalamin Low Viscosity Aqueous Formulations for Intranasal Delivery." Issuance of the new patent prompts an obligation by QOL Medical LLC to pay the Bothell, Wash.-based Nastech $2 million under the license agreement granting QOL Medical rights to Nascobal Nasal Spray.

Oil and gas company GMX Resources Inc. (Nasdaq: GMXR) announced successful results from the test drilling of a 20-acre plot in the area of east Texas and northern Louisiana known as Cotton Valley.

The following are the most actively traded companies in Tuesday pre-market trading among those with market capitalizations under $500 million: